Payday Loans in 2025 – How to Get Money Fast and What to Know

Understanding Payday Loans What Is a Payday Loan? A payday loan is a short-term, high-interest loan designed to provide immediate cash to cover unexpected expenses or urgent financial needs. Typically, these loans are due on the borrower’s next payday, hence the name. They are often used for emergencies like car repairs, medical bills, or other …